Tag Archives: negative interest rate

The ECB’s Unprecedented Monetary Stimulus

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After the recent Draghi press conference announcing new measures to ease monetary policy in euroland, I responded to live questions from the Financial Times: “The ECB Eases,” podcast,  FT Hard Currency, June 5, 2014 (including regarding my proposal that the ECB should buy dollar bonds).

And also to questions in writing from El Mercurio, June 5:

• Many critics point that these measures do not solve the economic problems of the Eurozone and in that they only benefit the financial markets. Do you agree? read more

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